De Neers Tools IPO vs Krishca Strapping Solutions IPO

Comparison between De Neers Tools IPO and Krishca Strapping Solutions IPO.

IPO Details

De Neers Tools IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Krishca Strapping Solutions IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of De Neers Tools IPO is up to ₹21.83 Cr whereas the issue size of the Krishca Strapping Solutions IPO is up to ₹16.31 Cr. The final issue price of De Neers Tools IPO is ₹101.00 per share and of Krishca Strapping Solutions IPO is ₹54.00 per share.

 De Neers Tools IPOKrishca Strapping Solutions IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹95.00 per share₹51.00 per share
Issue Price (Upper)₹101.00 per share₹54.00 per share
Issue Price (Final)₹101.00 per share₹54.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares2000 shares
Fresh Issue Size21,61,200 shares30,20,000 shares
Fresh Issue Size (Amount)up to ₹21.83 Crup to ₹16.31 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total21,61,200 shares30,20,000 shares
Issue Size Total (Amount)up to ₹21.83 Crup to ₹16.31 Cr

IPO Timetable

De Neers Tools IPO opens on Apr 28, 2023, while Krishca Strapping Solutions IPO opens on May 16, 2023. The closing date of De Neers Tools IPO and Krishca Strapping Solutions IPO is May 03, 2023, and May 19, 2023, respectively.

 De Neers Tools IPOKrishca Strapping Solutions IPO
Anchor Bid DateMay 15, 2023
Issue OpenApr 28, 2023May 16, 2023
Issue CloseMay 03, 2023May 19, 2023
Basis Of Allotment (Tentative)May 08, 2023May 24, 2023
Initiation of Refunds (Tentative)May 09, 2023May 25, 2023
Credit of Share (Tentative)May 10, 2023May 26, 2023
Listing date (Tentative)May 11, 2023May 26, 2023
Anchor Lockin End date 1Jun 23, 2023
Anchor Lockin End date 2Aug 22, 2023

Financials & KPIs

De Neers Tools IPO P/E ratio is , as compared to Krishca Strapping Solutions IPO P/E ratio of 3.43.

 De Neers Tools IPOKrishca Strapping Solutions IPO
Financials

Company Financials (Restated)

Period Ended31 Oct 202231 Mar 202231 Mar 202131 Mar 2020
Assets125.5899.3461.1155.70
Total Income56.0380.0962.1273.50
Profit After Tax3.875.040.660.44
NET Worth30.4423.823.207.04
Reserves and Surplus4.116.543.177.13
Total Borrowing24.0624.3611.484.85
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended15 Feb 202331 Mar 202231 Mar 202131 Mar 2020
Assets26.9715.4412.929.16
Total Income63.5118.729.710.98
Profit After Tax7.861.51-0.67-2.24
NET Worth9.451.60-1.200.64
Reserves and Surplus4.45-3.40-4.22-2.37
Total Borrowing11.939.3913.378.27
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)91.1486.34
Promoter Shareholding (Post-Issue)62.6
P/E Ratio3.43
Market Cap₹86.92 Cr.₹65.18 Cr.
ROE
ROCE
Debt/Equity
EPS₹7.97₹15.71
RoNW21.170.83

Shares Offered

In the De Neers Tools IPO Retail Individual Investors (RII) are offered 7,57,200 shares while in Krishca Strapping Solutions IPO retail investors are offered 7,57,200 shares. Qualified Institutional Buyers (QIB) are offered 10,78,800 shares in De Neers Tools IPO and 6,04,000 shares in Krishca Strapping Solutions IPO.

 De Neers Tools IPOKrishca Strapping Solutions IPO
Anchor Investor Reservation9,04,000 shares
Market Maker Reservation1,15,200 shares3,00,000 shares
QIB10,78,800 shares6,04,000 shares
NII3,25,200 shares4,54,000 shares
RII7,57,200 shares10,58,000 shares
Employee
Others
Total21,61,200 shares30,20,000 shares

Bids Received (Subscription)

De Neers Tools IPO subscribed 15.04x in total, whereas Krishca Strapping Solutions IPO subscribed 336.57x.

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